Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v3.25.0.1
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2024
Schedule of Long-Term Debt

Long-term debt consists of the following:

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

(in millions)

 

Borrowings under senior secured credit facility, carrying value (1)

 

$

359.9

 

 

$

883.7

 

12.250% senior secured notes due 2029, carrying value

 

 

768.2

 

 

 

 

2.625% convertible senior notes due 2024, carrying value

 

 

 

 

 

196.8

 

4.250% convertible senior notes due 2028, carrying value

 

 

271.9

 

 

 

270.5

 

7.875% senior notes due 2025, carrying value

 

 

261.8

 

 

 

597.1

 

4.875% senior notes due 2029, carrying value

 

 

595.4

 

 

 

594.5

 

Other

 

 

2.9

 

 

 

19.8

 

Total

 

 

2,260.1

 

 

 

2,562.4

 

Less: current portion

 

 

283.5

 

 

 

309.5

 

Long-term portion

 

$

1,976.6

 

 

$

2,252.9

 

 

(1)
Amounts outstanding under the 2024 Credit Facility as of December 31, 2024 and the 2018 Credit Facility as of December 31, 2023.
Annual Scheduled Principal Payments of Debt

As of December 31, 2024, annual scheduled principal payments of debt were as follows:

 

 

 

Principal Payments

 

 

 

(in millions)

 

2025

 

$

284.0

 

2026

 

 

20.6

 

2027

 

 

20.5

 

2028

 

 

297.6

 

2029

 

 

1,710.0

 

Thereafter

 

 

 

Total

 

$

2,332.7

 

12.250 Senior Secured Notes due 2029 [Member]  
Schedule of Redemption Prices Express as a Percentage of Principal Amount the Company may redeem all or part of the 2029 Secured Notes at the following redemption prices, expressed as percentages of principal amount, plus accrued and unpaid interest thereon to the redemption date, if redeemed during the twelve-month period beginning on April 15 of the years indicated below:

 

 

 

Percentage

 

2026

 

 

106.125

 %

2027

 

 

103.063

 %

2028 and thereafter

 

 

100.000

 %

4.875% Senior Notes Due 2029 [Member]  
Schedule of Redemption Prices Express as a Percentage of Principal Amount

The Company may redeem all or part of the 2029 Notes at the following redemption prices, expressed as percentages of principal amount, plus accrued and unpaid interest thereon to the redemption date, if redeemed during the twelve-month period beginning on June 1 of the years indicated below:

 

 

 

Percentage

 

2024

 

 

102.438

 %

2025

 

 

101.219

 %

2026 and thereafter

 

 

100.000

 %